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Novo-Nordisk Breaks Above 200-Day Moving Average - Bullish for NVO


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In trading on Monday, shares of Novo-Nordisk AS (Symbol: NVO) crossed above their 200 day moving average of $49.91, changing hands as high as $50.17 per share. Novo-Nordisk AS shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of NVO shares, versus its 200 day moving average: Novo-Nordisk AS 200 Day Moving Average Chart

Looking at the chart above, NVO's low point in its 52 week range is $39.9499 per share, with $58.37 as the 52 week high point - that compares with a last trade of $50.16.

According to the ETF Finder at ETF Channel, NVO makes up 5.07% of the Pharmaceutical ETF (Symbol: PPH) which is trading up by about 0.8% on the day Monday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average ยป

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: NVO , PPH



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